Qaim Ali Shah's interim bail extended in fake bank accounts case

ISLAMABAD: The Islamabad High Court (IHC) has extended interim bail of former Sindh chief minister Qaim Ali Shah till May 8, ARY News reported on Tuesday.

Two member bench comprising Justice Aamir Farooq and Justice Mohsin Akhtar Kiani heard the plea.

Qaim Ali Shah along with his counsel Farooq H. Naek appeared in the hearing pertaining to the fake bank accounts case.

Prosecutor NAB told the court that arrest warrants of Shah have not been issued yet, investigation against him was underway.

The court on the plea of Farooq H. Naek extended bail of Pakistan People’s Party (PPP) leader and till May 8 and deferred the hearing.

On last hearing, Shah was granted bail by the court till April 30(today).

Earlier, Shah was granted bail by the IHC against surety bonds of Rs1 million each in the cases, and directed him to cooperate with the NAB investigation team.

The former chief minister is named in a report by the joint investigation team tasked to probe the fake accounts case involving PPP chairman Asif Ali Zaradi and others. Shah was among 172 people named in the report whose names were to be placed on the no-fly list.

Asif Ali Zardari, his sister Faryal Talpur and other accused, including PPP leaders and several businessmen, are facing an inquiry into the money laundering scam involving over Rs35 billion money laundered through fake bank accounts.